b$)$ Suppose that you have invested in a portfolio consisting of $50,000$ in HSBC shares and $100,000$ in NatWest shares. Suppose that the daily volatilities of these two assets are $2\%$ and $1\%,$ respectively, and that the coefficient of correlation between their returns is $0\mathrm{.}8.$ Calculate the $5-$day $99\%$ normal VaR for this portfolio and show the benefits of diversification.